Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: DrGamble who wrote (37112)	9/17/1998 12:22:00 PM
From: Ed Sammons	Read Replies (2) of 1577959

cbs.marketwatch.com Advanced Micro up on bullish comments at Merrill Advanced Micro Devices shares rose 1 7/16 to 18 3/16 after Merrill Lynch analysts Thomas Kurlak and Joseph Osha raised their 1999 earnings estimates to 70 cents a share from break-even. The analysts upped the estimates for the chipmaker (AMD) citing stronger sales of the K-6-2 chip, added demand at Hewlett-Packard (HWP), higher average prices on microprocessors, and AMD gaining market share with 30 percent sequential unit growth in the third quarter compared to 10 percent at Intel (INTC). Intel fell 1 11/16 to 83 3/8.

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